If you own an investment property, understanding the income it generates is a useful starting point when reviewing its performance. Rental yield gives you a simple way to compare the annual rent with the value of your property.
The Ray White Noble Property Management Yield Calculator lets you estimate the gross rental yield of your investment property using its value and rental income. Enter the relevant figures into the calculator below to see your estimated return as a percentage.
Gross rental yield shows the relationship between a property’s annual rental income and its value. It provides a quick indication of the income generated by a rental property before expenses are taken into account.
Calculating your rental yield can help you:
Use the calculator below to estimate your gross rental yield based on your property’s value and annual rental income.
Keep in mind that gross rental yield does not account for expenses such as rates, insurance, mortgage repayments, maintenance or property management fees. Your actual return will depend on these and other costs associated with owning the property.
A yield calculation is a helpful starting point, but the rental income you can achieve also depends on the property and current rental market conditions.
Ray White Noble Property Management can provide a rental appraisal to help you understand the rent your property may achieve. Our team can discuss comparable rental properties, current demand and the factors that may influence your rental income.
Want to check your property’s rental value or review its income potential? Contact Ray White Noble Property Management to discuss a rental appraisal and our property management services.
These results are estimates only and do not include lending costs, tax treatment, depreciation, vacancy risk beyond the allowance entered, or changes in market rent.